The trend of launching meme coins has significantly increased this year, with many of these coins having questionable ties. Lookonchain’s data has shed light on the dangers associated with trading meme coins, especially those endorsed by celebrities. One recent example is American celebrity Caitlyn Jenner’s JENNER coin, which was introduced on the Solana blockchain. Despite
Blockchain analysis firm Nansen recently revealed that DBS Bank, a prominent banking institution in Singapore, has emerged as a significant player in the world of cryptocurrency. A crypto wallet allegedly owned by DBS Bank contains a substantial amount of 173,753 Ether (ETH), with a market value of approximately $650 million. The wallet, which came under
The world of digital assets is constantly evolving, with SEI NFTs emerging as a popular choice for artists, gamers, and collectors. Powered by its open-source Layer 1 blockchain, the Sei Network is making a significant impact in the NFT space. One of the key factors driving the appeal of SEI NFTs is the network’s ability
XPLA, a prominent player in the Web3 gaming ecosystem, has joined forces with Com2uS Group to introduce its very own layer 2 chain, known as XPLA Verse, on the Oasys blockchain. This exciting launch brings a variety of popular games from Com2uS to the blockchain gaming world, including titles like “Summoners War: Chronicle” and “The
In recent months, Ethereum whales, the big players in the cryptocurrency world, have been making significant waves with their increased activity. Santiment’s recent report highlights a surge in whale activity, possibly driven by the approval of spot Ethereum exchange-traded funds (ETFs) by the US Securities and Exchange Commission (SEC). This surge in activity by large
The cryptocurrency market has been witnessing a surge in Solana meme coin prices, particularly with dogwifhat (WIF) experiencing a remarkable 27% increase since the beginning of the week. At the same time, a new player in the market, Sealana (SEAL), has managed to raise over $3 million. WIF has recently retested $4.0 and is poised
Senator Cynthia Lummis recently expressed her belief that the crypto market will have a significant impact on the US economy, as long as the opportunity is not wasted. Being a strong supporter of pro-crypto legislation, Lummis sees recent victories in Congress as a positive sign of things to come for the sector. She has been
Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, has achieved an incredible feat in recovering almost all of its customers’ digital assets after its lending arm faced bankruptcy. This recovery is being hailed as one of the most successful in the industry, setting a new standard for how exchanges should handle insolvency situations.
In a shocking turn of events, former FTX co-CEO Ryan Salame has been sentenced to 90 months in prison for his involvement in illegal political contributions and defrauding the Federal Election Commission, as well as running an unlicensed money-transmitting business. This decision was handed down by US District Judge Lewis A. Kaplan, following Salame’s guilty
Gemini, the popular crypto exchange, recently made headlines with its announcement that users of its Earn product received a staggering $2.18 billion of their digital assets. This remarkable development comes after the collapse of crypto lender Genesis, which abruptly halted withdrawals back in November 2022. The fact that Gemini was able to return 97% of